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20121114
20121114
Search Results 0 to 11 of about 12 (some duplicates have been removed)
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
, that $1.6 trillion, is twice the amount of revenue that he and boehner put on the table last summer. it's a clear sign to the left that the president has stopped beginning his negotiations from the middle ground, something democrats have often complained about with this president. afl-cio president said he's confident that the president is not going to fold. >> the president led with that notion of protecting the middle class. are we going to collectively stand up and make sure that workers get a fair shake in all of this? absolutely we are. do we believe that the president is committed to that same thing? absolutely we do. will the president show today he's willing to go over the fiscal cliff if reboundians don't make the deal they are satisfied with. in a new pew poll, 50% will not reach an agreement in time. 53% are assuming republicans will be more to blame if no deal is struck. but yesterday minority leader mitch mcconnell, who met with the three gop freshmen, new senators, will join the repub c republican conference, struck a hard line when it came to tax rates. >> in politics th
are already digging in their heels. speaker boehner, senator minority leader mitch mcconnell, paul ryan. all of them saying they will fight the president on taxes. all of them saying the president doesn't have a mandate. but president obama has something to say about that. >> i have one mandate. i have a mandate to help middle class families and families that are working hard to try to get into the middle class. that's my mandate. >> this is a clear message. it's what americans voted for a week ago. are you sure you want this fight, republicans? democrat from pennsylvania chuck fatah and ezra klein, msnbc policy analyst. he's writing about the fight over taxes today and the piece is called "the big question: how, not whether, to raise taxes." thank you for joining me tonight. >> thank you. >> good to be here. >> congressman, do you think republicans will make a deal or is this 2010 with the tea party all over again? >> well, what the public needs to understand is the income tax system is not fair to them. there is a report done by the congress each year by the joint committee on taxation. sh
would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today, the president is scheduled to meet with ceos from a dozen companies among them general electric, ford and ibm. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would "not budge" when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio was among those at the white house meeting and says he and the president are right now on the same page, richard trumka. >> we're working to make sure we're not paying a tab for a party we didn't go to. the president led with the notion of protecting the middle class and now you have republicans that have it in their power and could sign a bill tomorrow that protects the middle class so we'll see what they can. are we going to push them on that? without a doubt we're going t
. day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes but in no event shall debate continue beyond 11: 50 a.m. the chair recognizes the gentleman from illinois, mr. quigley, for five minutes. mr. quigley: thank you, mr. speaker. mr. speaker, an estimated 50,000 people die every year as a result of seize years. some of -- seizures. some of these victims are like danny stanton. chicago's mike and mary stanton founded the danny foundation after their 4-year-old son, danny, died from a seizure while he was sleeping. it is dedicated to preventing deaths caused by seizures and raising epilepsy awareness among the public and medical community. that's no small task, but one
. >> could invite boehner over for bowling. it couldn't hurt. >> play golf with them. you are going to play golf anyway. >> there you go. it's a fantastic new book. check it out. "thomas jefferson, the art of power." thank you very much. >> appreciate it. >> why did president petraeus blame the attack on the video when he probably new better? thomas krauthammer next hour with a pretty good theory. and then a nine-year-old girl proving she can beat the boys at their own game. she is here next. [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. [ husband ] transfer! [ male announcer ] free data transfer at home. you just deleted all the photos! you did! no you did! [ male announcer ] or free data transfer when you buy a windows 8 computer at staples. another way staples makes it easier to upgrade. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is
to acknowledge speaker john boehner and house majority leader cantor and our democratic leader nancy pelosi for their support of this bill. i thank my colleagues, the gentlelady from guam, and also from the northern mariana islands, ms. bordallo, and mr. sablan, for their co-sponsorship of this bill. mr. speaker, today american samoa faces a serious problem of tobacco smuggling, as i'm sure it's the same with the other territories. according to a recent study two years ago, as many as five million, five million d 5,792,924 cigarettes were smuggled into the territory. the study found that tobacco smuggling resulted in the loss of about $724,,116 in revenues to the american samoa government. if continued undeterred, tobacco smuggling in the territories will include to heavier losses in local tax revenues, especially if cigarettes' excise tax rates were to be increased. mr. speaker, in this age of government fiscal responsibility, securing and sustaining stable resources of local revenue streaming is essential and must be encouraged for the territories. it was for this reason why i began to lo
Search Results 0 to 11 of about 12 (some duplicates have been removed)